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Home»Bitcoin»From ‘Dead in America’ to $ 250 million Spacs: why companies suddenly hoarding Bitcoin
Bitcoin

From ‘Dead in America’ to $ 250 million Spacs: why companies suddenly hoarding Bitcoin

2025-08-20No Comments2 Mins Read
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Crypto -InvestmentsCrypto -Investments

Source: Sec.gov

While Palihapitiya once famous crypto ‘Dead in America’, his explained New form S-1 input Is a flip in tone.

Supported by social capital partner Steven Trieu as CEO, the Spac is planning to mention under the Ticker Aexa.

Some Spacs from Palihapitiya led to big names such as Sofi. Others did not make it and were closed, so his track record is a bit of a mixed bag.

Google’s newest bitcoin mining bet

Tech Titan Google now owns 14% of Bitcoin Miner Terawulf! The increased $ 3.2 billion backstop came when the latter received an important lease with AI infrastructure agency Fluidstack.

The setup, unveiled during Terawulf’s newest shareholders calling, Concentrates on a 10-year colocation lease for a new data center called CB-5, which contributes to the growing portfolio of the company.

Crypto -InvestmentsCrypto -Investments

Source: X

With this deal, the total contracted capacity of Terawulf climbs above 360 megawatts, which locks $ 6.7 billion in income, with the potential to reach $ 16 billion if leases are extended.

Bitcoin Treasuries’ Moment of Truth

The rise of companies of companies is no longer just a Western phenomenon.

Between December 2024 and June 2025 the number of public companies with Bitcoin jumped from 70 to 134; Almost doubled in just six months, According to K33 research.

These companies, spread over 27 countries, now have a stunning 244,991 BTC.

The Golf comprises 41 American companies, 29 from Canada, 8 in Japan and 7 in the UK – a sign that the micro strategy playbook is going worldwide.

But while this strategy is spreading, the questions do that too.

TreasuryTreasury

Source: K33 Research

Bitcoin Treasury companies can approach a bending point with regulators in Asia and beyond having closer supervision of digital finances.

See also  NFT Sales Dip – Bitcoin Dominance and Solana's Rise Challenge Ethereum's NFT Authority

So do they stand up or do they admit?

Next: 2.9b flows into Ethereum ETFs – Is Eth’s Dip a purchase signal?

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